غلام محي الدين

Organization: Halalah Trading Company
Organization Type: Halalah is a digital mobile platform.
Designation: Chief Accountant (Oct-2019 to date)
Reporting to: COO
Responsibility: Management Reporting, Ensuring Financial Integrity, Safeguarding Client funds, Leading & Supervision
Location: Riyadh, KSA
Area(s) of Experience/
Job Description: Financial reporting, Reconciliation analysis, designing operational tools and monitoring its effectiveness, VAT compliances.

• Overseeing the smooth and efficient running of the all Accounting and Financial Operation activities.
• Maintaining financial integrity & tracking and executing process improvement activities to reduce risk
• Developing and execute transaction and control test scenarios across multiple products to ensure financial integrity and operations effectiveness.
• Performing balancing and reconciliation analysis on pool accounts and customer transactions.
• Implementing regulatory and business process environment changes and reflecting the impact of these changes to current and upcoming financial transaction types
• On a periodical basis conducting financial reports (P&L statement Balance sheet along with the expenses comparison detailed report.
• Reviewing all department cost on periodical basis and comparing with the approved budgets.
• Regular follow up with the IT team for the continuous enhancement and improvements in platform.
• Performing as a checker for SAMA financial reporting
• Supervising VAT and withholding file preparation.
• Identifying and mitigating financial risk
• Validating Monthly, Quarterly and Annual SAMA PSP reports
• Went thorough SAMA Inspection and prepared all finance requirements
• Managing client money pool account.
• Supervising vendor payments.
• Supervising daily cash out processing and client refunding.
• Supervising monthly payroll processing.
• Following up with bank for the transaction’s discrepancies.
• Performing ad-hoc requests and special projects
• Meeting all time sensitive and daily deadline driven tasks

Organization: United Flowers For Vegetable Oil Co. Ltd.

Organization Type:
FMCG, edible Oil Refinery that includes refining of Soybean, Palm Olein, Palm Stearin, Palm Oil, Sunflower Oil, and Corn Oil. Filling and distribution.
Designation: Chief Accountant
(Oct-2013 to July 2019)
Reporting to: GM and Chairman
Responsibility: Management Reporting, Costing and Budgeting, Leading & Supervision
Location: Jeddah, KSA
Area(s) of Experience/
Job Description: Financial reporting, Product Costing, Cost Centers Budgeting, Internal Auditing & Planning, and VAT compliances.

• Worked as a Chief accountant additionally as a Head of finance department with the following responsibility.
• Oversaw the smooth and efficient running of the all Finance and Cost department activities.
• Development of effective Internal Controls and review the same on time to time basis.
• Maintaining integrity of Cost financial accounting system, ensuring it remains effective and operational at all times.
• On a monthly basis conducting financial reports (P&L statement Balance sheet, Cash Flow) along with the cost comparison detailed report of Manufacturing, administrative and marketing cost with last month actuals, with same month of the last year and with the budgets.
• Reviewing all department cost on monthly basis and comparing with the approved budgets.
• Conducting Product wise, segment wise and customer wise detailed cost reports and P&L statements
• VAT Compliance (successfully got all 12 months VAT clearance certificate from VAT GAZT for 2018)
• Regular follow up with the software house for the continuous enhancement of our accounting application.
• Supervised Cost reduction team and played a major role in reducing the Manufacturing, administrative and selling cost.
• Reviewed the whole Manufacturing/Production process in order to suggest the area of cost optimization.
• Managing overall 105 million bank facilities in a very effective way.
• Improved Costing process by implementing new costing Module.
• Conducting periodic meetings with the production supervisors and Production Manager in order to review the Material Consumption variances and to discuss the cost reduction plan.
• Conducting the weekly pricing meeting to review the cost and set the product prices.
• Participating in buying committee.
• Reviewing all Major purchase orders in order to make arrangement of funds for the goods and supplies.
• Reviewing sales orders in order to make sure the product prices are in line.
• Final approval for all finance documentations.

Organization Type: Edible Oil Refinery; that includes Soybean, Sunflower, Corn, Palm Olien, Palm Stearin, and Palm Oil.
Designation: Cost and budget Accountant (Since Feb-2010 to Sep-2013)
Reporting to: Finance Manager, and GM
Responsibility: Costing and Budgeting, Inventory control, and Accounts Payable
Location : Jeddah, KSA

Area(s) of Experience
Job Description: Finance & Accounting, Product Costing, Cost Centers Budgeting, Internal Auditing, Planning


• Design and implementing product wise Standard and actual costing system.
• Product wise Gross Profit and Net Profit analysis.
• Preparation of Product wise Sales Analysis, COGS Analysis, Operating and Admin Expenses Analysis.
• Preparation of LC Costing sheets.
• Preparation of Standard Costing Sheet on the basis of Existing Stock, and on the daily International buying price.
• Regular monitoring of Cost of Goods manufacturing and inventories.
• Preparing and regular updating BOM (Bill of Material).
• Monitoring of Job Cards (Issue to Production and Receipt from Production Note) for each and every Production.
• Strong liaison with the I.T. personnel to improve software applications.
• Designing and drafting of department policies and procedures.
• Checking and auditing all Supplier Invoices and authorizing MRN (Material Receipt Note) and finalizing the Purchase Vouchers in accounting application.
• Checking and authorizing MIN (Material Issue Note) in accounting application.
• Preparing Stock Movement report and Reconciliation on monthly basis.
• Preparing monthly Operational Variance Analysis of Inventories and Utilities against standards.
• Monitoring and ensuring the documentation of daily material receiving and issuing in accounting software.
• Preparing reconciliation/comparison between physical stock and stock available in inventory ledger for Packaging Materials, Chemicals, and Oil at the end of every month.
• Monthly reconciliation of General Ledgers with Inventor ledger.
• Sales Invoicing, Bank Reconciliations, Customers and Suppliers Ledgers reconciliation.

Organization Type: Edible Oil Refining and fast moving consumer goods (FMCG).
Designation: Cost Officer (Assistant Manager Grade)
Reporting to: Senior Finance Manager
Responsibility: Management Reporting, Monitoring Product Cost, Checking and Authorizing necessary documents for the release of Payments, Follow up and ensure the production transactions, Product wise costing for three divisions, Leading & Supervision.
Location : Karachi, Pakistan
Area(s) of Experience
Job Description: Finance & Accounting, Product Costing, Cost Centers Budgeting & Planning, Physical Stock Taking
• Designing, implementing, and monitoring of financial discipline including internal controls, rules and regulations.
• Presenting decisive guidance to the management by developing, interpreting and evaluating cost data to use in developing product pricing, quoting rates, and maintaining historical cost for planning purpose.
• Preparing BOM in ERP.
• Budgeting and forecasting in ERP with periodical controls, monthly and quarterly expenses variance analysis, and management reporting and ensuring compliance.
• Monitoring and highlighting the process losses and making comparison with the standards.
• Checking and follow up daily Job cards closing in ERP.
• Preparing monthly Operational Variance Analysis of Oil, Chemicals, Packaging, Labor and Utilities against standards.
• Product wise Gross Profit and Net Profit analysis
• Preparation of LC Costing sheets.
• Preparation of Product Costing Sheet on the basis of Existing Stock, and on the daily International Market rate.
• Regular monitoring of Cost of Goods Sold and inventories.
• Strong liaison with the I.T. personnel to develop applications and re-designing of old software’s in operation.
• Trend analysis of Oil purchase rate.
• Organizing and providing leadership in monthly physical stock taking, compiling and preparing physical stock sheets.
• Handling all department’s proposed budgets on quarterly basis, making comparison with last actual, one to one meeting with department’s head and conducting the meeting with directors for the approval.
• Operating ERP for daily operations and necessary modifications, have sound knowledge about Financial Module, Production Module, and Supply Chain Module.

Responsibility:
Management Reporting, Accounting & Book keeping, Final checking and authorizing all financial transactions, Dealing with financial institutions, suppliers and customers, Finalization of Accounts for annual audit.

Area(s) of Experience:
Finance & Accounting

Job Description:
• Development of Internal Controls and review the same on time to time basis
• Designing and drafting of company policies related to payments, stores, hiring of staff and administration.
• Overall supervision of the Accounts staff.
• Over all supervision of accounts payable (Trade creditor) & accounts receivable (Trade debtors) and maintaining all other ledgers (manually and computerize)
• Over all supervision of daily fund position, preparing cash flow statement, and assist director for the release of payments.
• Dealing with banks regarding refinancing and other loans.
• Coordinating and making Correspondence with customers and vendors verbally & in writing.
• Preparing bank reconciliation statement
• Preparing of monthly summary of all type of purchases and sales.
• Preparing and auditing of weekly vendor outstanding report.
• Reconciling supplier and customers account ledger.
• Preparing monthly payroll.
• Product costing, budgeting and variance analysis.
• Preparation of Monthly Profit & Loss Accounts.
• Finalization of Accounts for the Audit.
• Organizing and providing leadership in monthly physical stock taking, compiling and preparing physical stock sheets.

Responsibility:
Accounting & Book keeping, Checking of payment related documents, Preparing of journal vouchers.

Area(s) of Experience:
Job Description: Finance & Accounting
• During association with the company earned some knowledge of annual auditing of final accounts.
• Preparing bank reconciliation statements.
• Checking and auditing supplier ledgers and making payments.
• Preparing and auditing of weekly vendor outstanding report.